Improvements in commercial real estate transparency are slowing,despite greater emphasis on corporate responsibility and thewidespread use of new technologies, JLL and LaSalle reported in its2020 Global Real Estate Transparency Index.
Top-performing "Highly Transparent" markets, including the UK,US, Australia and France, are driving higher standards insustainability in the real estate services company's biennialsurvey, while sustainability initiatives helped markets such as AbuDhabi, Costa Rica and Belgium move up the rankings.
"Sustainability commitments have become the biggest singledriver of real estate transparency globally since 2018," saidJeremy Kelly, Director, Global Research, JLL. "As companiesdemonstrate an unwavering commitment to corporate socialresponsibility, there is increased voluntary adoption ofEnvironmental, Social and Governance (ESG) measures and greateracknowledgement of the need to create a sustainable builtenvironment."
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Scott Graham
Scott Graham focuses on intellectual property and the U.S. Court of Appeals for the Federal Circuit. He writes ALM's Skilled in the Art IP briefing. Contact him at [email protected].
